We show that banking crises have an important effect on income distribution: inequality increases before banking crisis episodes and sharply declines afterwards. We also find that, while a large government size does not per se seem to reduce inequality, a rise in financial depth (i.e. better access to credit provided by the banking sector) contributes to a more equal distribution of income.

Agnello, L., & Sousa, R. (2012). How do banking crises impact on income inequality?. APPLIED ECONOMICS LETTERS, 19(15), 1425-1429 [10.1080/13504851.2011.631885].

How do banking crises impact on income inequality?

AGNELLO, Luca;
2012

Abstract

We show that banking crises have an important effect on income distribution: inequality increases before banking crisis episodes and sharply declines afterwards. We also find that, while a large government size does not per se seem to reduce inequality, a rise in financial depth (i.e. better access to credit provided by the banking sector) contributes to a more equal distribution of income.
Settore SECS-P/02 Politica Economica
Agnello, L., & Sousa, R. (2012). How do banking crises impact on income inequality?. APPLIED ECONOMICS LETTERS, 19(15), 1425-1429 [10.1080/13504851.2011.631885].
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10447/66148
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 49
  • ???jsp.display-item.citation.isi??? 41
social impact